Gregg: Two party system all but extinct in U.S.

Judd Gregg, former governor and senator from New Hampshire, says the defeat of House Majority Leader Eric Cantor last week is just more evidence the two-party system no longer exists in the United States.

"That structured system, whatever its flaws, has facilitated the reasonably rational and effective governance of a large and complex nation. Now, it has splintered into a series of fiefdoms or factions."

The former three-term senator said Americans need look no further to see where such fighting could lead the U.S.

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